New listings rose, sold properties decreased, and days on market increased in January, as to be expected following the Christmas holidays. Sold properties also decreased when compared with January of 2024. Median sold prices rose with the Newcastle LGA now at $974K, Lake Macquarie: $867K, Port Stephens: $840K, and Maitland: $770K. *Local data sourced from…
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As expected, the market wound down in December, a seasonally slow time of year, with a decline in sold volume, new listings and active listings across all four local LGAs. The Newcastle LGA reported higher new listings than in previous years, with 156 in December (up from 119 in Dec 2023 and 137 in Dec…